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Pharmaceutical and other companies beware: new Supreme Court decision weighs in on adverse event reports and potential liability under federal securities laws

  • Squire Sanders
  • -
  • USA
  • -
  • March 23 2011

In 2010 the US Supreme Court agreed to hear another securities fraud case Matrixx Initiatives, Inc. v. Siracusano which could significantly increase pharmaceutical and other companies’ exposure under federal securities laws, especially those companies that make disclosure decisions based on the statistical significance of certain events